State Street

State Street Corp. operates as a financial holding company. It conducts business primarily through State Street Bank. The firm operates through following business lines: Investment Servicing and Investment Management. The Investment Servicing business offers custody, product and participant-level accounting, daily pricing and administration, master trust and master custody, record-keeping, cash management, foreign exchange, brokerage and other trading services, securities finance, deposit and short-term investment facilities, loans and lease financing, investment manager and alternative investment manager operations outsourcing, and performance, risk and compliance analytics. The Investment Management business provides services through State Street Global Advisors, which provides a broad array of investment management, investment research and investment advisory services to corporations, public funds and other sophisticated investors. It offers strategies for managing financial assets, including passive and active, such as enhanced indexing, using quantitative and fundamental methods for both the U.S. and global equities and fixed-income securities. The company was founded in 1792 and is headquartered in Boston, MA.

Earnings data Q1 2021

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State Street exceeds Q4 expectations, eyes growth amidst challenges

State Street's Q4 2022 performance showcased resilience in a tough economic environment, with a focus on cost management and capital strength. The company is optimistic about growth opportunities in 2023, despite facing challenges in asset servicing and interest income forecasting.

State Street Q1 2023 Earnings: Resilient Performance Amid Market Challenges

State Street navigated market volatility in Q1, maintaining financial strength and returning capital to shareholders. Challenges include managing expenses, revenue impact from customer behavior, and provisioning sensitivity. Opportunities lie in revenue growth from acquisitions, new business installations, and optimizing RWA dynamics.

State Street reports solid Q2 performance amidst NII challenges

State Street delivered strong financial results in Q2 2023, with growth in key metrics and a focus on capital management and productivity enhancements.
Challenges lie ahead in NII, expense control, and potential regulatory impacts, but the company is proactively addressing these issues.
Opportunities exist in asset growth, deposit management, and client relationships, positioning State Street for continued success in the financial services industry.

State Street reports robust Q3 earnings, eyes private market growth

State Street's Q3 performance showcased strong financial results, emphasizing growth in AUC/A and successful asset servicing wins. The company's focus on cost management, revenue growth, and strategic initiatives positions it well for positive fee operating leverage in 2024. Challenges include managing expenses amid inflationary pressures and navigating evolving market dynamics.

State Street reports robust 2023 performance amidst NII challenges

State Street's strong financial performance, strategic initiatives, and shareholder value focus position the company for continued growth and resilience in 2024.
While facing challenges such as potential NII declines and regulatory uncertainties, State Street can leverage opportunities in digital assets, private markets, and client base expansion for future success.
By navigating challenges effectively, capitalizing on growth opportunities, and maintaining financial strength, State Street aims to drive positive performance and value creation for shareholders in the year ahead.

State Street (STT) reports strong Q1 performance and growth opportunities

State Street's Q1 2024 performance showcased robust financial results, record AUC/A, and strategic priorities for growth and efficiency.
While challenges like NII decline and expense management persist, opportunities in productivity enhancement and private markets growth are promising.
Investors can look forward to capital returns and ongoing technology investments driving operational improvements at State Street.
Overall, State Street's focus on financial strength, operational efficiency, and strategic growth initiatives positions it well for the future.

State Street reports strong Q2 earnings, eyes growth opportunities

State Street's Q2 2024 earnings call highlighted robust financial performance, strategic wins in asset services, and a focus on client engagement and operational efficiency.
The company's emphasis on sustained momentum, organic growth, and shareholder value enhancement underscored its commitment to driving long-term success and delivering value to stakeholders.
While facing potential challenges from market dynamics and regulatory changes, State Street remains well-positioned to leverage opportunities for growth, innovation, and market expansion in the financial services sector.

State Street reports record Q3 earnings and strategic growth outlook

State Street's Q3 2024 earnings call highlighted strong financial performance, operational efficiency, and strategic growth initiatives. The company achieved record EPS, strong ROE, and revenue growth, supported by the success of its State Street Alpha platform and Global Advisors.
While facing challenges such as CFO transition and market dynamics, State Street remains well-positioned to capitalize on opportunities for expansion, innovation, and sustainable growth. The company's focus on shareholder value, client trust, and market recognition underpins its competitive strength and resilience.
With an improved outlook, State Street is poised to navigate challenges, leverage opportunities, and drive long-term value creation for stakeholders. By prioritizing innovation, client-centric solutions, and financial stewardship, State Street aims to sustain its growth trajectory and competitive edge in the financial services industry.

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State Street Corp. engages in the provision of financial services to institutional investors. It operates through the Commercial and Financial Loans, and Commercial Real Estate Loans segments. The company was founded in 1792 and is headquartered in Boston, MA.

State Street Corporation (STT) CEO Ron O'Hanley on Q3 2021 Results - Earnings Call Transcript

Rise in top line and provision benefits support State Street's (STT) Q3 earnings. This leads to an optimistic investor stance and thus, the stock gains in the pre-market trading.

State Street (STT) Stock Up on Q3 Earnings & Revenue Beat

State Street (NYSE: STT) is scheduled to report its fiscal Q3 2021 results on Monday, October 18. We expect State Street to top the earnings and revenue expectations.

State Street Stock To Beat Consensus In Q3?

State Street Corporation (STT) delivered earnings and revenue surprises of 4.17% and 1.34%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

State Street Corporation (STT) Tops Q3 Earnings and Revenue Estimates

The stock price of State Street Corp (NYSE: STT) increased by over 1% pre-market today. This is why it happened.

STT Stock: Why The Price Increased Today

State Street Corp. STT, +1.11% said Monday its third-quarter profit increased to $714 million, or $1.96 a share, from $555 million, or $1.45 a share, in the year-ago period. Excluding items, profit in the latest period totaled $2 a share.

State Street net income rises by 29%

BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE: STT) reported its third-quarter 2021 financial results today. The news release, presentation, and additional financial information can be accessed on State Street's Investor Relations website, http://investors.statestreet.com. A conference call to discuss the firm's financial results, outlook and related matters will be held at 10:00 a.m. ET, Monday, October 18, 2021. The call will be open to the public. The conference call will be access

State Street Reports Third-Quarter 2021 Financial Results

State Street's (STT) Q3 earnings are likely to have been positively affected by the steepening of the yield curve and strength in equity markets.

What's in the Cards for State Street (STT) in Q3 Earnings?

Albertsons Companies

Before markets opened Thursday morning, five of the country's largest banks, the largest drugstore chain and the world's largest chipmaker all reported September-quarter results.

Earnings Previews: Albertsons, State Street

BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE:STT) today announced that it will provide custody services to the Digital Securities Depository Corporation (DSDC). DSDC operates a novel cross-border securities settlement infrastructure with third-party regulated financial institutions to more efficiently create, issue and service digital depositary receipts (DDRs) in the US public market. The securities underlying the DDRs will include the non-US listed equity securities DSDC holds in c

State Street Digital Appointed by Digital Securities Depository Corporation (DSDC)

Business servicing wins, expansion efforts through opportunistic acquisitions, and global reach will aid State Street's financials. However, lower rates and elevated costs are near-term concerns.

State Street (STT) Rides on Strategic Buyouts, Low Rates a Woe

BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE: STT) today announced it has expanded upon its market leading peer-to-peer securities finance product, Direct Access Lending -- which enables direct, principal loans between its lending clients and its borrowing clients – to now allow borrowers to post US convertible bonds as collateral to facilitate new clients and strategies entering the program. The managed peer-to-peer product has grown substantially since product launch in Q4 2019 add

State Street Announces Expansion of Direct Access Lending

BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE:STT) today announced that it has been appointed as the back office servicing agent for Harbor Capital Advisors' first actively managed fully transparent fixed income ETFs that were launched in September in the U.S. The two funds are the Harbor Scientific Alpha Income ETF (SIFI), and the Harbor Scientific Alpha High-Yield ETF (SIHY). As part of the agreement, State Street will provide various ETF servicing solutions including basket creatio

State Street Appointed by Harbor Capital Advisors, Inc. For ETF Servicing

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does State Street Corporation (STT) have what it takes?

Are You Looking for a High-Growth Dividend Stock? State Street Corporation (STT) Could Be a Great Choice

JPMorgan Chase & Co

Bank OZK

The treasury yield rally, a sooner-than-expected interest rate hike and the central bank's bond tapering on the horizon have put banks like JPM, STT and OZK in the bright spot.

Yields Climb on Likely Interest Rate Hike: 3 Bank Stock Picks

BOSTON--(BUSINESS WIRE)--State Street Global Advisors Expands Fixed Income ETF Offering with Debut of SPDR® Loomis Sayles Opportunistic Bond ETF

State Street Global Advisors Expands Fixed Income ETF Offering with Debut of SPDR® Loomis Sayles Opportunistic Bond ETF

State Street Corporation (STT) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

What Makes State Street Corporation (STT) a New Buy Stock

U.S. Bancorp

These two companies made major acquisitions that should spur future growth.

2 Dividend Stocks That Just Announced Good News

BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE: STT) plans to announce its third-quarter 2021 financial results on Monday, October 18, 2021 at approximately 7:30 a.m. ET. The results will be reviewed via webcast and teleconference at 10:00 a.m. ET. The conference call will be accessible on State Street's Investor Relations website at http://investors.statestreet.com and by telephone at (833) 380-0399 or (236) 714-2093 (Conference ID# 7539853). Materials will also be available on State

State Street Corporation Announces Date for Release of Third-Quarter 2021 Financial Results and Conference Call Webcast

Invesco

Invesco Ltd. is in talks to merge with State Street Corp.'s asset-management business, people familiar with the matter said.

Invesco in talks to merge with State Street's asset-management business

Invesco (IVZ) is in talks over a potential merger with State Street's (STT) asset-management business.

Invesco (IVZ) in Merger Talks With State Street (STT) Unit

The shares of investment management company Invesco Ltd (NYSE:IVZ) are surging this morning, up 7.6% to trade at $26.79 at last check.

Invesco Stock Pops on Rumored Merger Talks

BOSTON--(BUSINESS WIRE)--State Street Corporation (“State Street”) (NYSE: STT) today announced the pricing of an underwritten public offering of 21,724,217 shares of its common stock at a public offering price of $87.60 per share. The offering is being conducted as a public offering registered under the Securities Act of 1933, as amended. The offering is expected to close on September 14, 2021, subject to customary closing conditions. State Street intends to use the net proceeds from this offer

State Street Corporation Prices Common Stock Offering

BOSTON--(BUSINESS WIRE)--State Street Corporation (“State Street”) (NYSE: STT) today announced that it intends to sell 21,724,217 shares of its common stock in an underwritten public offering. The offering will be conducted as a public offering registered under the Securities Act of 1933, as amended. All of the shares in the offering are to be sold by State Street. State Street intends to use the net proceeds from this offering to fund a portion of the cash consideration payable for, and certai

State Street Corporation Announces Public Offering of Common Stock

State Street (STT) signs agreement to buy the investor services arm of Brown Brothers Harriman for $3.5 billion in cash, propelling a $5-trillion-plus boost to its assets under custody.

News for State Street Stock (STT)